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278 N 11th
For Sale $5,825,000
$5,825,000
- 8 Units
- Unknown Sq Ft
- 17,934 Sq Ft
- Unknown Cap Rate
Description
278 North 11th Avenue offers investors the opportunity to acquire a newly constructed, stabilized eight-unit
multifamily property in Upland, CA—an Inland Empire city benefiting from sustained population growth, economic
expansion, and excellent regional connectivity. Priced at $5,825,000 (or $342 per square foot), the asset delivers a
4.11% in-place cap rate and is situated on a 0.4117 AC lot, combining yield, quality, and long-term market resilience.
The property consist of four (4) 3B3B, two (2) 2B+Loft/1B and two (2) 2B2B units.
Strategically positioned at the base of the San Gabriel Mountains, Upland provides direct access to both the
employment centers of Greater Los Angeles and the affordability of the Inland Empire. The region continues to
attract renters priced out of coastal markets, drawn by lower housing costs, a suburban lifestyle, and access to good
schools, parks, and recreational amenities. This in-migration is supported by a strong economic base that spans
logistics, healthcare, manufacturing, and retail—further reinforced by proximity to Ontario International Airport and
major freeways including I-10, I-15, and the 210.
Each unit at the property is thoughtfully designed with spacious layouts, private garages, in-unit laundry, stainless
steel appliances, and smart home technology. The building is energy-efficient and under warranty, which minimizes
near-term maintenance exposure and enhances operating margins. For buyers seeking a 1031 exchange vehicle or
tax-efficient asset, this investment offers both depreciation benefits and a stable operating profile in one of Southern
California’s most dynamic growth corridors. With rising rental demand, constrained new supply, and modern
construction, 278 North 11th Avenue presents a rare blend of durability, upside, and location-driven security.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,825,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 8 spots |
| Year Built | 2024 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 1046462160000 |
| MLS # | PW25277033 |
| Property ID | 322455409 |
| Lot Sqft | 17,934 |
| Zoning | Unknown |
| Total Units | 8 |
| Days on Market | 101 |
| Original List Price | $5,825,000 |
| Applicances | Dryer,Washer% |
| Date Updated | December 18, 2025 |
| Date Created | October 01, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Mark Bittenbender an agent of . Lic #02243350
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 18, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
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